Trucks fill Chinese gaps in LNG market

The lack of available pipeline capacity leaves the Chinese market looking at trucking to bridge the gap for liquefied natural gas deliveries, analysis finds. A report emailed from consultant group Wood Mackenzie found the Chinese market is looking at trucking to make up for the lack of pipeline coverage inland. “We expect China’s gas demand to reach 9.3 trillion cubic feet this year,” Miaoru Huang, a senior manager at Wood Mackenzie, said in the report. “Similar to 2017, 12 percent of demand will be supported by LNG trucking.” The International Monetary Fund predicts growth in Chinese gross domestic product at 6.6 percent for the year. Economic planners in Beijing are focused on qualitative growth as GDP stabilizes toward 6.4 percent from […]